Chembond buys Solenis' 45% stake in water treatment chemicals JV

| May 3, 2017

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Specialty chemicals maker Chembond Chemicals Limited has acquired Solenis Netherlands’s 45 percent stake in their joint venture Chembond Solenis Water Technologies Limited (CSWTL) for approximately $ 7.35 million (about Rs 47 crore). With this, CSWTL will become a wholly-owned subsidiary of Chembond Chemicals.

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Tintas CIN

With more than 100 years of experience in the paint and varnish market, CIN is the market leader in the Iberian Peninsula. With a consolidated turnover of 232 million Euro in 2017, it is the 21st largest European paint manufacturer and the 56th in the world.

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Spotlight

Tintas CIN

With more than 100 years of experience in the paint and varnish market, CIN is the market leader in the Iberian Peninsula. With a consolidated turnover of 232 million Euro in 2017, it is the 21st largest European paint manufacturer and the 56th in the world.

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